Motilal Oswal reports multi fold jump in profit

Motilal Oswal reports multi fold jump in profit

Saturday, 27 April 2024 | PTI | New Delhi

Motilal Oswal Financial Services Ltd on Friday reported an over four-fold jump in profit after tax to Rs 724.6 crore for the March 2024 quarter, driven by strong growth in the capital market as well as wealth & asset management businesses. In comparison, the company had a profit after tax (PAT)...

HUDCO celebrates its 54th Foundation Day

Friday, 26 April 2024 | Abhi Singhal | New Delhi

Housing and Urban Development Corporation Limited (HUDCO), a Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs (MoHUA), celebrated its 54th Foundation Day on Thursday. The Navratna CPSE has been adding more efforts for the creation of sustainable and resilient infrastructure in line with Government of...

Ministry working on infrastructure needs to achieve $1 trillion goods exports target by 2030: Official

Friday, 26 April 2024 | PTI | New Delhi

The commerce ministry has initiated an exercise to identify required infrastructure needs, potential sectors, and clusters which would help the country achieve the USD 1 trillion merchandise exports target by 2030, a senior government official said on Thursday. Additional Secretary in the Department of Commerce Anant Swarup said that the Asian...

India services exports grow 11.4 per cent in 2023: UNCTAD report

Friday, 26 April 2024 | PTI | New Delhi

India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion, according to a UNCTAD report. Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality. With...

AI offers remarkable opportunity for India: Qualcomm India

Friday, 26 April 2024 | PTI | New Delhi

India, with its growth engines roaring, is the “place to be”, Qualcomm India President Savi Soin has said, adding that the country has a “remarkable opportunity” with hybrid Artificial Intelligence (AI). The San Diego, California-headquartered chip designer is working with OEMs as well as operators in India to help bring entry-level...

Resilient economy, price stability to support India promising growth story: FinMin report

Friday, 26 April 2024 | PTI | New Delhi

Resilient growth, price stability and steady external sector outlook continue to support India’s promising economic performance amid uncertain global conditions, a Finance Ministry report said on Thursday. Overall, India continues to be the fastest-growing major economy, with positive assessments of the growth outlook for the current financial year for India by...

Markets extend gains

Friday, 26 April 2024 | PTI | Mumbai

Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on Thursday, driven by heavy buying in banking, financial and metal stocks. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50...

Business leaders urge PM Shehbaz to initiate trade talks with India which will benefit Pakistan's economy

Business leaders urge PM Shehbaz to initiate trade talks with India which will benefit Pakistan's economy

Thursday, 25 April 2024 | PTI | Islamabad

Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country. Posing tough questions during an hour-long meeting at the Sindh CM House here in Pakistan's commercial...

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